Confidence key for cloud computing revolution

The European Commission says it thinks cloud computing can drive €900bn additional gross domestic product growth and create 3.8 million new jobs in the European Union, all by the end of the present decade. Of course one never quite knows what to make of such forecasts. Their premises are always subject to debate, while the validity of their suspiciously precise extrapolations is impossible to prove. Nevertheless, we can probably all agree that cloud computing will be important in Europe's future and is likely to bring significant economic benefits.